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VANNIEUWKERKE MICHAEL

Active
Private limited companyfounded 2020active for 6 yearsHondsklinkstraat 11, 8851 Ardooie, BelgiumKBO/BCE: BE 0748.841.285
Summary

The computed 12-month bankruptcy probability of VANNIEUWKERKE MICHAEL is 3.0% (moderate). The 2025 annual accounts show equity of €31,273 and a net result of -€26,863. Equity has been growing by about 4.8% per year since 2020. Its solvency ranks better than 19% of 34,946 sector peers (NACE 43, financial year 2025). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 23-06-2020 Normal situation
Activity
Other building finishing work NACE 43350and 1 other
Joint committee
124 Paritair Comité voor het bouwbedrijf · annual accounts 2025
Establishment units
2.303.786.325 8851 Ardooie, since 23-06-2020
2.351.169.043 1300 Wavre, since 13-10-2023
Financial year end
31 December
Peppol
Reachable since 29-08-2025

Board and ownership

Board
  • Vannieuwkerke MichaëlDirector

Financial position

49 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.0%
Annual accounts 2025
Gross margin
€80,911
▼ 53.5%
Turnover
≈ €300,000
estimated
Loss
€26,863
Equity
€31,273
▼ 46.2%
Total assets
€190,531
▼ 23.5%
Employees on 31-12-2025
1
=
Score breakdownraises riskLiquidity: current ratio 0.31Sector: Specialised construction activities (NACE 43)Loss of €26,863 (financial year 2025)lowers riskSize: total assets €190,531Show the evidence

Checked score

Score 2025
49 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 16% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Weak
Solvency 41-7
equity 16.4% of total assets
Liquidity 23-14
short-term debt 71.5%
Profitability 51-24
return on assets -14.1%
Bankruptcy probability within 12 months
3.0% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 12-2024: 4.5% 01-2025: 4.5%● unchanged vs 12-2024 02-2025: 4.5%● unchanged vs 01-2025 03-2025: 4.5%● unchanged vs 02-2025 04-2025: 4.5%● unchanged vs 03-2025 05-2025: 4.6%▲ +0.1 percentage points vs 04-2025 06-2025: 4.6%● unchanged vs 05-2025 07-2025: 4.5%▼ -0.1 percentage points vs 06-2025 08-2025: 4.7%▲ +0.2 percentage points vs 07-2025highest value 09-2025: 4.7%● unchanged vs 08-2025 10-2025: 4.6%▼ -0.1 percentage points vs 09-2025 11-2025: 4.6%● unchanged vs 10-2025 12-2025: 4.6%● unchanged vs 11-2025 01-2026: 4.6%● unchanged vs 12-2025 02-2026: 4.5%▼ -0.1 percentage points vs 01-2026 03-2026: 4.5%● unchanged vs 02-2026 04-2026: 4.4%▼ -0.1 percentage points vs 03-2026 05-2026: 4.4%● unchanged vs 04-2026 06-2026: 4.2%▼ -0.2 percentage points vs 05-2026 07-2026: 2.7%▼ -1.5 percentage points vs 06-2026lowest value 08-2026: 3.0%▲ +0.3 percentage points vs 07-2026 09-2026: 3.0%● unchanged vs 08-2026 10-2026: 3.0%● unchanged vs 09-2026 11-2026: 3.0%● unchanged vs 10-2026
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.31 (0.56 in 2024), below 1. Short-term debt is 71.5% of total assets. 83.6% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 19% of them on solvency, 13% on liquidity, 24% on profitability and 10% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.31
NBB · annual accounts
lowers risk · Size: total assets €190,531
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Loss of €26,863 (financial year 2025)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 34946 sector peers (2025).
NBB · sector comparison
Position among 34946 sector peers
Solvency
better than 19%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
31 days early
2024
15 days early
2023
28 days early
2022
32 days late
2021
121 days late
2020
97 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 29 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 16 July (4 of the last 5 accounts filed within 47 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower net result than 95% of companies in specialised constructionsector median €10,221 · 34,933 companies -€26,863 View

Recent changes

  1. · Gazette deed Incorporation
All 9 events

Comparable companies

These companies have the same main activity as VANNIEUWKERKE MICHAEL: other building finishing work (NACE 43350). They are comparable in size and age: total assets between €159,000 and €214,000, founded between 2019 and 2020.

CompanyTotal assetsGross margin
VANNIEUWKERKE MICHAEL Ardooie€190,531€80,911
JLC SERVICES Ferrières€178,668€81,329
Van De Walle B & Co - Aannemingen Gent€214,012€71,997
FULL GREC Aubange€159,199€73,959
DE KLUSBUS Wellen€172,561€87,785
TECHNIEKEN KN Boortmeerbeek€199,160€102,731
TOTALE BINNENHUISAFWERKING DESMET ANDY Roeselare€170,920€56,107
Full comparison

Key facts about VANNIEUWKERKE MICHAEL

What is the company number of VANNIEUWKERKE MICHAEL?
The company number of VANNIEUWKERKE MICHAEL is 0748.841.285. The VAT number is the same number with BE in front: BE 0748.841.285.
Where is VANNIEUWKERKE MICHAEL based?
The registered office is at Hondsklinkstraat 11, 8851 Ardooie.Company details
What does VANNIEUWKERKE MICHAEL do?
According to the KBO register, the main activity is other building finishing work (NACE 43350).
What is the legal form of VANNIEUWKERKE MICHAEL?
The legal form of VANNIEUWKERKE MICHAEL is Private limited company (BV).
When was VANNIEUWKERKE MICHAEL founded?
VANNIEUWKERKE MICHAEL was founded on 23-06-2020.
Is VANNIEUWKERKE MICHAEL still active?
Yes, VANNIEUWKERKE MICHAEL is an active enterprise in the KBO register.
How many employees does VANNIEUWKERKE MICHAEL have?
VANNIEUWKERKE MICHAEL had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does VANNIEUWKERKE MICHAEL fall under?
In its 2025 annual accounts, VANNIEUWKERKE MICHAEL states joint committee 124 (Paritair Comité voor het bouwbedrijf).
What is the turnover of VANNIEUWKERKE MICHAEL?
The turnover in financial year 2025 is ≈ €300,000. This figure is estimated from the gross margin of €80,911 and 89 comparable companies (NACE 433). It probably lies between €210,000 and €510,000.
Is VANNIEUWKERKE MICHAEL profitable?
In financial year 2025, VANNIEUWKERKE MICHAEL made a loss of €26,863.
Where can I find the annual accounts of VANNIEUWKERKE MICHAEL?
VANNIEUWKERKE MICHAEL filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VANNIEUWKERKE MICHAEL due?
VANNIEUWKERKE MICHAEL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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